RBL Bank Announces Key Management Changes: Director Retirement & New Appointments
RBL Bank Limited has announced significant changes in its key management personnel following a Board of Directors meeting held on December 30, 2025. Mr. Rajeev Ahuja, Executive Director, will retire ...
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Why is RBL Bank Limited in the news today?
RBL Bank Limited (RBLBANK) is in the news due to the announcement details routine management changes including retirements and appointments. while the departure of a long-serving executive is noted, the appointment of new personnel and an interim cfo suggests continuity. no significant positive or negative financial implications are immediately apparent from these changes.
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RBL Bank Announces Key Management Changes: Director Retirement & New Appointments
December 30, 2025, 10:06 AM
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RBL Bank Limited has announced significant changes in its key management personnel following a Board of Directors meeting held on December 30, 2025.
Mr. Rajeev Ahuja, Executive Director, will retire upon completion of his current term on February 20, 2026. The Board expressed gratitude for his contributions since 2010, highlighting his role in capital issuances, partnerships, investor relations, digital initiatives, and establishing the BAAS business.
Effective February 21, 2026, Mr. Jaideep Iyer, Head Strategy, has been appointed as an Additional Director and Whole-time Director (Executive Director) and Key Managerial Personnel for a period of three years, subject to shareholder approval. Mr. Iyer, with over 25 years in finance, strategy, and investor relations, previously served as Group President and Deputy CFO at Yes Bank.
Additionally, Mr. Deepak Ruiya has been appointed as the Interim Chief Financial Officer and Key Managerial Personnel, effective December 30, 2025, until a new CFO is appointed. Mr. Ruiya, who has been with the bank for 10 years and served as Deputy CFO since March 2023, is a qualified Chartered Accountant.
In other developments, Mr. Pushpendra Sharma, Head of Digital Banking Unit, has resigned to pursue external opportunities and was relieved on December 29, 2025. The bank stated that the portfolio managed by Mr. Sharma has been integrated into the Technology function, with sufficient leadership depth to manage it.
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